How Is the Multivariate Ito's Lemma Defined

question 4

Essay

How is the multivariate Ito's lemma defined?

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Definitions:

Not Taxed

A classification for income or transactions that are exempt from taxation.

Distributions

In financial contexts, distributions refer to payments made by a fund, account, or security to its shareholders or unit holders, which could include interest payments, dividends, or returns of capital.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.

Series of Payments

Multiple, often periodic, payments made or received over time in accordance with a financial agreement or obligation.